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Posts tagged as “derivative lawsuit”

Editorial from Nick Sarwark: On Supporting the Brave Women Who Fought Corruption in Politics

When Mises Caucus Chair Angela McArdle seized control of the Libertarian Party and sold it out to Donald Trump and RFK Jr., Libertarian women on the LNC stood up against open corruption on the board. NICHOLAS SARWARK Dear Friends, Unless you are in healthcare compliance law or live in Louisiana, you probably don’t know Beth Vest. If you’re not in…

Editorial: To the LNC!

An open letter to the LNC: Esteemed members of the LNC: I call your attention to the recent ExComm motion urging the LNC to ratify the two prior motions to dismiss in the LNC vs Vest suit as recommended by the Executive Committee. I strongly urge that you begin with due diligence. You are in no hurry. The motions in…

LNC Receives Open Letter from Former LNC Members

IndependentPoliticalReport.com reports that former Libertarian National Committee members have urged the LNC to take more vigorous action with respect to former National Chair Angela McArdle. McArdle resigned in January, claiming that she had a new opportunity that would be incompatible with her remaining as National Chair. Former LNC Chair Nicholas Sarwark has now unveiled an open letter to the LNC.…

LNC Forms Investigative Committee on Harlos Suit

The Motion was: Move to appoint an investigative committee consisting of Andrew Watkins, Roman Garcia, and Rob Vinson to investigate the claims of Ms. Harlos’ derivative action.  The motion passed.  Readers will note that the non-Mises group on the LNC only abstained on the motion…there were no negative votes.. Co-sponsors: Andrew Watkins, Roman Garcia, Travis Bost, Angela McArdle The motion…

Derivative Lawsuit Against LNC Advances

A derivative lawsuit against the Libertarian National Committee Chair and Committee is advancing.  The purpose of a derivative lawsuit is to cause the defendants to perform their fiduciary duties and satisfy their bylaws requirements.  In support of the suit, Chair Emeritus Nick Sarwark had previously published a call to action “Stop the Destruction of the Libertarian Party” found below. Sarwark…

Sarwark Organizes Derivative Lawsuit Against LNC

Former National Chair Nick Sarwark is organizing a derivative lawsuit against the Libertarian National Committee.  A non-lawyer’s explanation from Editor Phillies of derivative lawsuits, also seen by stockholders against a board of directors.  There are a group of people who legally run the organization, typically the board of directors,  There are a group of people who in some sense own…